Americans Trim Wage Expectations When Seeking New Jobs, NY Fed Study Finds

According to recently published data, residents of the United States have begun to lower their wage expectations when searching for new employment. A survey conducted by the New York Federal Reserve (NY Fed) shows that many Americans now prefer more flexible working conditions and are willing to accept lower salaries than before. This shift is driven by several factors, including rising worker mortality, increasing costs of living, and changes in the labor market.

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